Ballymun Regeneration Ltd (BRL) has earmarked a 60-acre site near Ikea and the M50 for science research and development projects.
BRL has made a joint submission with Dublin City University to Enterprise Ireland about developing wet labs - laboratories where chemicals, drugs and other matter are tested and analysed - on the site.
"If approved this year, they could be under construction next year and they would provide a range of jobs for technicians and post graduates," a spokeswoman for BRL said.
The spokeswoman added that the joint proposal with DCU was made in response to Enterprise Ireland's call for proposals from local authorities in relation to suitable sites for wet labs and for the development of life sciences generally.
"Ballymun has a site eminently suitable for a cluster of wet labs on the M50 lands. Ballymun Regeneration has a planning framework approved by Fingal County Council for research and development clusters to be built on these lands and the wet labs would be the start," she added.
The Sunday Tribune